Corsair Gaming, Inc. Common Stock (CRSR) — Stock Correlations & Overview
Over the past year, CRSR has moved most closely with NXTI, MGA, FITE. Explore the stocks most correlated and inversely correlated with CRSR below, along with its price, financials, and company profile.
Stocks correlated with CRSR
Correlation of daily returns. Higher positive values move with CRSR; negative values move opposite it. Informational only, not investment advice.
Most correlated with CRSR
| Symbol | Company | Correlation |
|---|---|---|
| NXTI | Simplify Next Intangible Core Index ETF | 0.50 |
| MGA | Magna International | 0.48 |
| FITE | State Street SPDR S&P Kensho Future Security ETF | 0.47 |
| RMT | Royce Micro-Cap Trust Inc | 0.47 |
| CPS | Cooper-Standard Automotive Inc.MOTOR VEHICLE PARTS & ACCESSORIES | 0.46 |
Most inversely correlated with CRSR
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.45 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.43 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.43 |
| TWM | ProShares UltraShort Russell2000 | -0.43 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.43 |
Frequently asked questions about CRSR correlations
- Which stocks are most correlated with CRSR?
- Based on one year of daily returns, the stocks most correlated with Corsair Gaming, Inc. Common Stock (CRSR) are NXTI (0.50), MGA (0.48) and FITE (0.47). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with CRSR?
- Over the past year, the stocks most inversely correlated with Corsair Gaming, Inc. Common Stock (CRSR) are SARK (-0.45), HIBS (-0.43) and TZA (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these CRSR correlations calculated?
- We compute the correlation of daily returns between CRSR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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